LM Funding is proud to have helped hundreds of Condominium and Homeowner Associations across Florida since 2008. As a publicly traded company with over 14,000 collection events under our belt, we have seen it all. Find out how we can help you too!
LM Funding is proud to have helped hundreds of Condominium and Homeowner Associations across Florida since 2008. As a publicly traded company with over 14,000 collection events under our belt, we have seen it all. Find out how we can help you too!
LM Funding pays the “Safe Harbor” amount up front and covers all legal fees and costs. LM Funding retains collected interest and late fees and the association receives all recovered assessments. This product is ideal for Associations whose governing documents mirror Florida Statutes 718/720.
LM Funding pays the “Safe Harbor” amount up front and covers all legal fees and costs. Upon collection, LM Funding recovers its funding amount and legal expenses, the remainder of the proceeds are split with the association. This product is ideal for Associations whose governing documents are lacking the full powers provided by Florida Statutes 718/720.
“LM Funding successfully monetized several of our units after Business Law Group foreclosed on them. Their expertise and additional resources were instrumental in making this happen. Now we have the pleasure of making improvements to the community with our new found money.”
Robert Lynch, Castle Gardens, Board President
“I joined and became the President of my board to help my community, not to manage attorneys. LM Funding deals with delinquencies and the attorneys so I don’t have to. It’s nice to know that a team of professionals are managing the entire process and with their technology it is seamless. When I need them, they are only a phone call away. Thanks, LM Funding!”
Everett Alder, Kings Point, Board President
“I did not realize how much we were paying for our attorney because the bills were ”deferred”. Come to find out, we were paying more in legal fees than we actually collected on many accounts. LM Funding has eliminated legal fees from our budget and provided us with needed cash flow as soon as accounts go delinquent. Being a volunteer board member is still tough, but I can assure you the help from LMF is much appreciated!”
Scott Davis, POD 10, Board President
“Over the past several years when the first contract was signed with LM Funding in reference to the many
foreclosed units at Itopia Private Residences the program was extremely beneficial to our community. The community received
income through the program and was able to continue maintaining the property. As time went by, LM Funding came up with another program
that was even better for our community given that several of the foreclosed units had been purchased. The community has gained immensely from
our partnership with LM Funding.”
Rosy C. Badwal, Itopia, Board President
3 days ago
Our friends at Attom Data are sharing some interesting information about foreclosure trends across the country. Take a look to see how it may be affecting your association.
bit.ly/LMF-Florida-Foreclosure-Activity
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
4 days ago
We believe that educating boards is one of the most important aspects of our job. Attached is part one of a two part article from Business Law Group highlighting what happens in the foreclosure process.
bit.ly/What-Happens-In-Foreclosure
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
What Happens in a Foreclosure? : Part 1 – Pre-Litigation
bit.ly
When an owner is delinquent, your attorney will first send a Notice of Intent to File a Lien to the unit owner. From the...1 week ago
This topic keeps coming up time and time again! Take a look at what CAI is recommending you do to keep your pool safe.
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Opening and Operating Community Pools during COVID-19 - HOAresources
hoaresources.caionline.org
The leading resource for HOA managers: Practical advice and best practices for condominium and homeowners association le...2 weeks ago
... See MoreSee Less
2 weeks ago
This might sound crazy, but we think it's possible for associations and pets to live together in peace! Check out our latest article on what you can do to make your community association more pet-friendly.
lmfunding.com/7-tips-for-making-your-association-pet-friendly/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
7 Tips for Making Your Association Pet-Friendly - LM Funding
lmfunding.com
It’s no secret that Floridians love their furry friends. Because of this, it’s easy to see why many homeowners might...My stock shares in this company keep tanking price. That sounds crazy. Nobody investing here. 😕. Just losing money.
2 weeks ago
In all our years in business, we have never heard anyone say "I'm so excited to look at my association's governing docs!" Luckily, Business Law Group, P.A. recently posted a great article about the importance of recognizing "Kaufman Language" in them. It should make the reading just a little bit easier!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections
www.blawgroup.com/blog/what-version-of-the-statute-applies-to-your-association ... See MoreSee Less
What Version of the Statute Applies to Your Association?
www.blawgroup.com
Condominium Declarations are long and dense documents which outline the rules the members of the association and the boa...2 weeks ago
Happy Easter Everyone!
#CashForDelinquencies ... See MoreSee Less
3 weeks ago
We don’t pick favorites at LM Funding, but you will hear a few associations come up more than others at the watercooler. After 11 years of partnership, we cannot imagine what it would be like to not have our amazing friends at Central Park a Metro West Association. We look forward to many more years of laughing and working together.
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
3 weeks ago
We saw this article from CAI Law Reporter and had to share it. It centers around lien priority for Condos in the state of Oregon. Lien priority is one of the most important aspects of collecting on past due assessments and Oregon lenders have been put on notice.
newsmanager.commpartners.com/cailaw/issues/2021-03-26.html#1
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
3 weeks ago
Are any tenant occupied units in your association behind on their assessments? Rental demands can be a fantastic tool to recoup your past due assessments. Rising rental rates will only make this more important going forward.
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections
www.attomdata.com/news/market-trends/figuresfriday/top-10-sfr-growth-counties-for-2021-with-great... ... See MoreSee Less
Top 10 SFR Growth Counties with Greatest Annual Increases | ATTOM
www.attomdata.com
This post digs into the data behind our 2021 SFR report to reveal the top 10 SFR Growth counties with the greatest incre...3 weeks ago
Timeline Photos ... See MoreSee Less
3 weeks ago
We are proud to welcome Point Lake Villas into the LM Funding family! We look forward to years of great work!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
4 weeks ago
There is a lot of work that goes into keeping your parking lot in pristine shape. Take a look at our most recent article to make sure you are doing everything you need to!
lmfunding.com/are-you-keeping-up-with-your-community-association-parking-lot/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Are You Keeping Up With Your Community Association Parking Lot? - LM Funding
lmfunding.com
Managing a COA or HOA comes with a lot of responsibilities. Keeping the property safe and making it a better place to li...1 month ago
Take a look at this article from ATOM Data that shows where foreclosures are trending up.
www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-counties-with-highest-foreclosure-r...
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
1 month ago
Do you know what your governing documents say? Send us an email at Info@LMFunding.com for a free review! We’ll walk you through what you can do to improve your collection outcomes!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
1 month ago
We are thrilled to have new friends at Kendland Bend South! We look forward to working with the Board as well as Florida Advanced Properties to keep those pesky delinquencies in check!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections #electricvehicle ... See MoreSee Less
1 month ago
Help us out with this quick four-question survey regarding electric vehicle charging stations at community associations!
us3.list-manage.com/survey?u=6f9fe8e0c197a6acbff7a23ea&id=d7a28b4648&attribution=fals ... See MoreSee Less
1 month ago
GM will only be producing electric vehicles by 2035. Is your COA ready for the charging requirements? Take a look at our most recent article to see what you need to do.
lmfunding.com/the-community-association-guide-to-electric-vehicle-charging-stations/
#CashForDelinquencies #electricvehicle #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
The Community Association Guide to Electric Vehicle Charging Stations - LM Funding
lmfunding.com
Today’s COA or HOA member has different needs than a couple decades or even just a few years ago. Electric vehicle cha...Each of these Fast Charge Stations require '3 phase' power. Three phase power is only used in industrial applications.
What 60,000 or more
How about those lithium strip mines? Do we have the resources for all those batteries? Will we run out like coal?
And where is all this electricity going to come from.....how much will it cost to put in new bigger higher current power lines not to mention transformers .....it’s easy to talk about not so easy to explain how in 14 years your going to do this
Bullshit
1 month ago
We are thrilled to once again be the recipient of the Florida Community Association Journal Readers' Choice Award! We couldn't have done it without the support of our amazing communities!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
1 month ago
Is your association's fining procedures up to date? Make sure everything is up to snuff by looking at our beginner's guide to Association Fining Procedures!
lmfunding.com/beginners-guide-to-association-fining-procedures/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Beginners Guide to Association Fining Procedures - LM Funding
lmfunding.com
If you’re on the board for a condo association or home owner’s association, one of the things that may frustrate you...1 month ago
Happy International Women's Day! ... See MoreSee Less
2 months ago
We are proud to have just signed Pebble Beach at Laguna Lakes into the LM Funding family! We're looking forward to working with the board and Compass Rose Management at this property!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
2 months ago
Are you familiar with the Earnings Credit Rate (ECR)? Learn how the bank is making money off of your association deposits and how it may be disbursed back to you!
lmfunding.com/how-a-banks-earnings-credit-rate-affects-your-hoa-deposits/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
How a Bank’s Earnings Credit Rate Affects Your HOA Deposits - LM Funding
lmfunding.com
If you’re looking at your monthly bank statement for your homeowner association or condo owner association, you may se...2 months ago
Zombie Foreclosures are still trending down. This tracks what we are seeing in the field. Take a look at this article from Attom Data if you want to learn more!
www.attomdata.com/news/market-trends/attom-data-solutions-q1-2021-vacant-property-and-zombie-fore...
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #hoacollection ... See MoreSee Less
2 months ago
We’re proud to include Flora Ridge in the LM Funding family! While we’ve only been partners since 2020, we look forward to continuing our ongoing efforts to keep their assessments low!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
2 months ago
Timeline Photos ... See MoreSee Less
2 months ago
Do you know how the next Covid relief bill will affect your community association? To be honest it's all pretty confusing. Luckily CAI has some great recourses to help you navigate these crazy times. We included a link below.
www.caionline.org/Pages/covid19_HR748.aspx
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections #COVID19 ... See MoreSee Less
2 months ago
Are you ready to figure out who’s dog keeps leaving little “surprises” in your association’s common elements? Maybe some security like Knightscope’s Autonomous Security Robots would be a perfect fit! Take a look at our most recent article to see the pros and cons for your association.
lmfunding.com/could-robots-be-the-future-of-association-security/
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
Could Robots Be the Future of Association Security? - LM Funding
lmfunding.com
Does your condo or homeowner association need a security update? Many associations place a high priority on security....Or "whose dog"...
So we need robots to patrol for dog shit?
HOA's are usually a bunch of entitled assholes who bully their neighbors, if they were to get a robot to police the neighborhood it would soon be found in a dumpster somewhere
2 months ago
Is your association looking to add Wi-Fi to your common areas? It's not as difficult as you might think! Take a gander at our most recent article to learn the Do's and Dont's of adding wifi!
lmfunding.com/how-to-add-wi-fi-to-your-community-association-the-right-way/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
How to Add Wi-Fi to Your Community Association the Right Way - LM Funding
lmfunding.com
Having Wi-Fi for your community members isn’t just smart. It’s crucial! With most people going online every day for ...2 months ago
We’re proud to announce that The Docks at Bellagio has joined the LM Funding family! While this may not be your standard condo unit, we never shy away from helping our associations recover their past due assessments!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
2 months ago
Timeline PhotosFrustrated that your community association's amenities are still closed because of COVID-19? Our free webinar has resources for managers and residents dealing with the mental toll the pandemic has taken: bit.ly/3oyYowq #WeAreCAI ... See MoreSee Less
2 months ago
We’re proud to announce that Kendallwood Park II has joined the LM Funding family! We look forward to many great collections together.
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
2 months ago
Rising home equity is making foreclosures a better avenue to get an association's past due assessments back. Before foreclosing we still always recommend that a full underwriting is done on the unit so that all options can be evaluated.
www.attomdata.com/news/market-trends/home-sales-prices/attom-data-solutions-q4-2020-u-s-home-equi...
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
Home Equity Improves in Most Areas of Nation in Q4 2020 | ATTOM
www.attomdata.com
ATTOM Data Solutions Q4 2020 U.S. Home Equity & Underwater Report shows there were 17.8 million equity-rich residential ...2 months ago
Emotional support animals are always top of mind at board meetings. Take a look at this article that highlights the Do's and Don'ts for associations!
www.campbellpropertymanagement.com/blog/2021/02/01/emotional-support-animals-watch-this-virtual-c...
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Emotional Support Animals: Watch this Virtual CEU Course - Florida Association News Blog
www.campbellpropertymanagement.com
Managing requests from residents or guests for an accommodation for an emotional support animal can be difficult for ass...3 months ago
Happy Groundhog day everybody!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
3 months ago
We’re proud to have collected on over 200 accounts at Palmera Pointe since 2011. We consider this association to not only be a good partner, but a great friend!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
3 months ago
When was the last time you had your association roof cleaned? Here is an informative article from Campbell Property Management that goes into great detail on what it takes.
www.campbellpropertymanagement.com/blog/2021/01/19/the-411-on-roof-cleaning-for-associations/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
The 411 on Roof Cleaning for Associations - Florida Association News Blog
www.campbellpropertymanagement.com
As a board member, you may be wondering what roof cleaning methods are best for your community and how often you should ...3 months ago
Take a look at this most recent post from Attom data regarding foreclosure rates. If you read to the bottom of the article you might notice that the average time to foreclose in Hawaii was 2,186 days!
www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-zip-codes-where-foreclosure-filings...
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Top ZIPs Where Foreclosures Are on the Rise | ATTOM
www.attomdata.com
In this post, we dig deep into the data behind ATTOM's 2020 year-end foreclosure report to uncover the top ZIPs seeing i...3 months ago
Want to keep your community association from turning into an airport? Make a drone policy! Our most recent article will show you how. lmfunding.com/how-to-regulate-drones-in-your-community/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
How to Regulate Drones in Your Community - LM Funding
lmfunding.com
The popularity of drones is on the rise! Many people enjoy flying drones as a hobby, using them to take photos or video....3 months ago
We hear about parking problems all the time at Condo Associations! Take a look at this article from CAI about it!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollectionsAre parking problems causing your residents to erupt in road rage? We answer the most frequently asked parking questions from community association residents: bit.ly/2Dxg5ba #WeAreCAI ... See MoreSee Less
3 months ago
Is your association ready for Cryptocurrency? Take a look at our newest article that explains what Bitcoin is and how it could have a place in your association!
lmfunding.com/is-bitcoin-coming-to-your-association
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Is Bitcoin Coming to Your Association? - LM Funding
lmfunding.com
Bitcoin has been steadily on the rise in recent years. What began as more of a niche currency has now made its way into ...3 months ago
Why aren't you joining all the people that have already received their $500 check from LM Funding? All you have to do is introduce us to a new association! It’s that easy!
#CashForDelinquencies #COA #CondoCollections #HOA #HomeownerAssociation #HOACollections ... See MoreSee Less
3 months ago
We are asked about fines all the time so we finally decided to write an article about it! Take a look and let us know what questions you have!
lmfunding.com/beginners-guide-to-association-fining-procedures/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Beginners Guide to Association Fining Procedures - LM Funding
lmfunding.com
If you’re on the board for a condo association or home owner’s association, one of the things that may frustrate you...3 months ago
Here is some great info from the Florida Association News Blog that we found remarkably interesting!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
3 months ago
According to the National Multifamily Housing Council 76.6% of apartments paid rent in the first week of January. This is down 1.6% from the same time last year. Association maintenance payments often track rent payments so this is a metric to watch closely.
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections
www.nmhc.org/research-insight/nmhc-rent-payment-tracker/ ... See MoreSee Less
3 months ago
For years people have been able to pay their rent in bitcoin. How long will it be until you can pay your monthly condo assessments in bitcoin?
www.cnbc.com/2017/11/30/now-you-can-pay-your-rent-in-bitcoin.html
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
Now you can pay your rent in bitcoin
www.cnbc.com
Starting early next year, a tenant with Brooklyn, New York-based rental platform ManageGo can pay in bitcoin through a m...Sky Moore check it out
3 months ago
We are thrilled to include Via Verde in the LM Funding family! We've been working together for the last decade and look forward to what the next decade holds!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
3 months ago
New condos are being built left and right! Approximately 4,500 will be built in 2021. Take a look at the most recent data from the Foundation for Community Association Research.
foundation.caionline.org/industry-data/
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation ... See MoreSee Less
3 months ago
If you are in the St. Pete area be sure to check out this board leadership workshop by Suncoast CAI!
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections ... See MoreSee Less
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When this happens, it's usually because the owner only shared it with a small group of people, changed who can see it or...3 months ago
Home prices are skyrocketing. Check out this latest article from Attom Data to understand why.
#CashForDelinquencies #COA #condocollections #hoa #homeownerassociation #HOACollections
www.attomdata.com/news/market-trends/home-sales-prices/attom-data-solutions-q4-2020-u-s-home-affo... ... See MoreSee Less
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